In the past years, small to medium-sized businesses have begun expanding their IT budgets because of the growing popularity of tablets and cloud computing services, according to recent research compiled by social business network Spiceworks.
New business owners tend to fall into two categories: 1) Those who hope to grow a sizeable company that they can someday survive without the direct leadership; 2) Those who develop a company that depends on the individual's name and/or unique service to keep it functioning.
When many small business owners open their doors for the first time, they really have no idea what they're operations will look like six months down the road.
Many small business owners ask their staff to produce financial statements, but fail to pay attention to how these monthly statements can help them improve their cash flow forecasting.
Entrepreneurs have no choice but to be strong, authoritative leaders for their team, and if they fail in their quest, the firm can experience some serious shortcomings.
Many small-business owners deploy sales teams, but aren't achieving the levels of success that they originally aspired to.